ANCHORAGE BECOMES FIRST QUALIFIED GRAM CUSTODIAN AHEAD OF OCT. 31 LAUNCH

The digital asset landscape is rapidly evolving, with institutional investors increasingly seeking secure and regulated ways to participate.One of the most significant developments in this space occurred when Anchorage Trust Company, a wholly-owned subsidiary of Anchor Labs, stepped up as the first Qualified Custodian ready to support institutional custody for Gram, Telegram's highly anticipated cryptocurrency. Anchorage Trust Company is the first Qualified Custodian that does not use hot wallets or cold storage, eliminating vulnerabilities that expose private keys to risk. With Anchorage Trust Company, investors now have the option of a Qualified Custodian that s both more secure and more usable.This landmark achievement, announced on October 7th by Anchorage's co-founder and president Diogo Monica, paved the way for the Gram token's launch, initially slated for October 31st.The news signaled a significant step forward in bridging the gap between traditional finance and the burgeoning world of digital assets. Anchorage Labs Subsidiary Qualifies as the First Custodian for Gram Token Ahead LaunchBut what exactly does it mean to be a Qualified Custodian, and why is Anchorage's role so important for the institutional adoption of Gram? Anchorage Digital is pleased to share that Apollo (NYSE: APO), a leading alternative asset manager, has chosen Anchorage Digital as a qualified custodian to safely store crypto assets. As the nation s first federally chartered digital asset bank, we expect to custody a significant portion of the alternative asset manager s digital assetThis article delves into the details, exploring the implications of Anchorage's qualification, the security measures employed, and the broader context of institutional crypto custody.

Understanding Qualified Custodians and Their Role in Crypto

Before diving into the specifics of Anchorage's achievement, it's crucial to understand the concept of a Qualified Custodian and its importance in the cryptocurrency ecosystem. O custodiante de ativos digitais da empresa de software Anchor Labs declarou que se tornou a primeira entidade qualificada para apoiar a cust dia institucional do token Gram (GRM) da Telegram.A Qualified Custodian is a regulated entity, such as a bank or trust company, that meets stringent regulatory requirements to hold and manage assets on behalf of clients. Crypto asset custodian of software development company Anchor Labs has said that it s the first organization that has qualified to support institutional custody for messaging giant Telegram sThese requirements are designed to protect investors and ensure the safety and security of their assets.

• Regulatory Oversight: Qualified Custodians are subject to oversight by regulatory bodies, providing an extra layer of security and accountability.
• Segregation of Assets: They are required to keep client assets separate from their own, minimizing the risk of loss in case of insolvency or other financial difficulties.
• Internal Controls: Qualified Custodians must have robust internal controls to prevent fraud, theft, and other forms of misconduct.
• Insurance Coverage: They typically carry insurance to protect against losses due to theft, hacking, or other unforeseen events.

In the context of cryptocurrency, the need for Qualified Custodians is particularly acute.The digital nature of crypto assets makes them vulnerable to hacking, theft, and loss of private keys. 31 Friday January 2025. About; Advertise; Submit Press Release; Contact Us; News. Bitcoin News. Bitcoin News; Bitcoin Cash News; Bitcoin SV NewsInstitutional investors, in particular, require the assurance of a Qualified Custodian to participate in the market with confidence.They need a trusted third party to securely hold their digital assets and ensure compliance with regulatory requirements.

Anchorage's Pioneering Role in Gram Custody

Anchorage Trust Company's designation as the first Qualified Custodian for Gram was a significant milestone for several reasons.Firstly, it validated Gram's potential as an institutional-grade asset.The fact that a regulated entity was willing to provide custody services signaled that Gram was being taken seriously by the traditional financial industry.Secondly, it opened the door for institutional investors to participate in the Gram ecosystem. Check latest Gram news, including tweets,videos,blog posts. GRAM news from all around the globe in one place.Without a Qualified Custodian, many institutions would have been unable or unwilling to hold Gram tokens due to regulatory constraints and security concerns.

Anchorage's qualification also highlighted its innovative approach to crypto custody.Unlike traditional custodians that rely on cold storage (offline storage) or hot wallets (online wallets), Anchorage developed a unique system that eliminates the need for private keys to be stored in either of these vulnerable locations. O Gram ser lan ado em 31 de outubro. A Anchorage Trust Company, subsidi ria integral da Anchor Labs, com sede na Calif rnia, ser a primeira entidade que permitir que investidores e organiza es institucionais mantenham tokens Gram no lan amento em 31 de outubro, anunciou o cofundador e presidente da empresa Diogo Monica em 7 de outubro.This approach significantly reduces the risk of hacking and theft, making it a more secure option for institutional investors.As stated by Diogo Monica, Anchorage offered a Qualified Custodian solution ""that’s both more secure and more usable.""

The Significance of Gram and TON

Telegram Open Network (TON) and its native cryptocurrency, Gram (GRM), generated significant buzz in the crypto world. Today we are excited to introduce Anchorage, the most advanced digital asset custodian for institutional investors.Each of the last two years has taught the world an important lesson about digital assets: the bull run of 2025 proved that crypto assets have tremendous potential value, and the backslide of 2025 showed us that the financial system surrounding these assets is far from maturity.Telegram, a popular messaging app with hundreds of millions of users, envisioned TON as a decentralized platform for a wide range of applications, including payments, file storage, and decentralized applications (dApps).

The vision for Gram was ambitious. 7일 디오고 모니카(Diogo Monica) 공동설립자 겸 대표의 말에 따르면 캘리포니아에 본사를 둔 앵커랩의 100% 지분 소유 자회사인 앵커리지 트러스트 컴퍼니(Anchorage Trust Company)는 10월 31일 그램 토큰 출시 시점에서 기관투자자들과 기타 조직들에 대해 보호예수Telegram aimed to create a cryptocurrency that was fast, scalable, and easy to use, making it suitable for everyday transactions.The integration with the Telegram messaging app would have provided a seamless user experience, potentially bringing crypto to a mainstream audience.

• Scalability: TON was designed to handle a large volume of transactions, addressing a key limitation of many existing cryptocurrencies.
• Usability: The integration with Telegram would have made Gram accessible to a vast user base, simplifying the process of buying, selling, and using crypto.
• Decentralization: TON was intended to be a decentralized platform, reducing reliance on intermediaries and promoting censorship resistance.

While the original TON project faced regulatory challenges and ultimately shut down, the underlying technology and the vision behind it continue to inspire innovation in the blockchain space. Anchorage Trust Company has become the first qualified custodian that will support Gram tokens at launch on October 31.Subsequent projects have emerged, attempting to build upon the ideas and principles of TON.

Anchorage's Secure Custody Solution: A Deeper Dive

Anchorage distinguished itself by offering a custody solution that bypassed the traditional trade-offs between security and usability. Anchorage Becomes First Qualified Gram Custodian Ahead of Oct. 31 LaunchTheir approach minimized the risks associated with both hot wallets and cold storage.

Eliminating Hot Wallet Vulnerabilities

Hot wallets, while offering convenience for frequent transactions, are constantly connected to the internet, making them susceptible to hacking.If a hacker gains access to the private key associated with a hot wallet, they can steal the funds stored within.

Overcoming Cold Storage Limitations

Cold storage, on the other hand, provides a high level of security by storing private keys offline.However, it can be cumbersome and slow to access funds stored in cold storage, making it impractical for frequent transactions. Anchorage is a startup that offers custodian services, and one of the partners of Facebook s Libra project. According to the head of the company Diogio Monica, Anchorage will become a storage services provider for GRAM. The services will be supplied by Anchorage Trust from GRAM launch scheduled on Octo.The process of moving assets out of cold storage requires a high degree of manual oversight and control which introduces its own risks.

Anchorage's solution effectively eliminates these vulnerabilities by not relying on either hot wallets or cold storage.While the specific details of their technology are proprietary, it is understood that they employ advanced cryptographic techniques and multi-party computation (MPC) to secure private keys and authorize transactions.

The Importance of Regulatory Compliance for Institutional Adoption

For institutional investors to confidently participate in the cryptocurrency market, regulatory clarity and compliance are paramount.They operate under strict regulatory frameworks and require assurance that their crypto custody solutions meet these requirements.

Qualified Custodians play a crucial role in ensuring regulatory compliance.They are subject to regular audits and inspections by regulatory bodies, demonstrating their commitment to meeting the highest standards of security and accountability. Anchorage Digital Bank is the only crypto-native bank to hold a charter from the U.S. Office of the Comptroller of the Currency. As a qualified custodian, Anchorage Digital Bank works closely with its regulators to meet stringent compliance requirements and to set the industry bar for digital asset operations under federal oversight.This gives institutional investors the confidence they need to allocate capital to crypto assets.

The Securities and Exchange Commission (SEC) and other regulatory agencies have been increasing their scrutiny of the crypto industry, emphasizing the need for robust regulatory compliance. Anchorage Trust Company, a wholly owned subsidiary of California-based Anchor Labs, will be the first entity that will enable institutional investors and organizations to hold Gram tokens atAs the regulatory landscape evolves, Qualified Custodians will play an increasingly important role in shaping the future of institutional crypto adoption.Regulatory uncertainty poses a significant hurdle for institutions considering digital asset investments. Anchorage Trust Company, a wholly-owned subsidiary of California-based Anchor Labs, will be the first entity that will enable institutional investors and organizations to hold Gram tokens at launch on Oct. 31, the company s co-founder and president Diogo Monica announced on Oct. 7.Knowing that their assets are held by a regulated and compliant custodian provides a level of comfort and mitigates risk.

Impact on Institutional Investment in Crypto

Anchorage becoming the first Qualified Custodian for Gram was a catalyst for increased institutional interest in crypto assets.The availability of secure and regulated custody solutions is essential for attracting institutional capital to the market.With institutions now able to securely store their digital assets with a Qualified Custodian, they are more likely to allocate a portion of their portfolios to cryptocurrencies.

The involvement of institutional investors can have a significant impact on the crypto market.Their participation can lead to increased liquidity, price stability, and greater market maturity. RIAs require a partner that can provide fully integrated products, secure custody, and transparent regulatory compliance. And with increased focus by the Securities Exchange Commission (SEC) and White House on crypto, it s likely RIAs will be required to work with an unequivocal qualified custodian in order to participate in digital assets on behalf of their clients.As more institutions enter the market, the crypto ecosystem will continue to grow and evolve.

• Increased Liquidity: Institutional investors bring significant capital to the market, increasing liquidity and reducing price volatility.
• Price Stability: Their longer-term investment horizons can help to stabilize prices and reduce speculative trading.
• Market Maturity: Their involvement can help to professionalize the crypto market, attracting more sophisticated participants and fostering innovation.

Future of Institutional Crypto Custody

The role of Qualified Custodians in the cryptocurrency market is set to become even more important in the future.As the industry matures and regulatory frameworks become more established, institutions will increasingly rely on Qualified Custodians to securely manage their digital assets and ensure compliance with regulations.

We can expect to see further innovation in crypto custody solutions, with new technologies and approaches emerging to address the evolving needs of institutional investors.This could include the development of more sophisticated MPC techniques, hardware security modules (HSMs), and other advanced security measures.Additionally, the rise of Decentralized Finance (DeFi) might spur innovative custody solutions that enable institutions to interact with DeFi protocols in a secure and compliant manner. Anchorage Trust Company is the first Qualified Custodian that will support institutional custody for Gram at launch on October 31. This will enable institutional investors, and organizationsA future trend could be the integration of insurance products into custody solutions, providing added protection against losses due to theft or other unforeseen events.The future is likely to bring more stringent Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures within custody solutions to combat illicit activities in the crypto space.

The Ripple Effect: How Anchorage's Move Impacts the Broader Crypto Industry

Anchorage's move didn't just impact Gram; it sent ripples throughout the entire crypto industry.It served as a validation of the burgeoning digital asset space and highlighted the increasing demand for institutional-grade custody solutions.It also put pressure on other custody providers to enhance their security measures and meet the evolving needs of institutional investors. Anchorage Trust Company is the first Qualified Custodian that will support institutional custody for Gram at launch on October 31. This will enable institutional investors, and organizations developing products and services on TON, to hold their Gram securely with a Qualified Custodian.The increased interest from institutions drove further development and innovation in the custody space, leading to more secure and efficient solutions.The media attention surrounding Anchorage's move increased awareness of the importance of secure crypto custody and helped to legitimize the industry in the eyes of traditional financial institutions and the general public.It paved the way for other Qualified Custodians to enter the market, increasing competition and driving down costs for institutional investors.

Actionable Advice for Institutions Entering the Crypto Space

For institutions considering investing in cryptocurrency, selecting the right custody solution is paramount.Here's some actionable advice to help guide your decision:

1. Prioritize Security: Look for a custodian with a proven track record of security and a commitment to using the most advanced security measures.
2. Ensure Regulatory Compliance: Verify that the custodian is a Qualified Custodian and is subject to regulatory oversight.
3. Evaluate Usability: Consider the ease of use of the custody solution and its compatibility with your existing systems.
4. Assess Insurance Coverage: Check the custodian's insurance coverage and ensure it is adequate to protect against potential losses.
5. Consider Integration: Look for a custodian that can integrate with your existing portfolio management and accounting systems.
6. Do Your Due Diligence: Thoroughly research the custodian's background, reputation, and financial stability.

Conclusion: A Turning Point for Institutional Crypto Adoption

Anchorage's achievement in becoming the first Qualified Custodian for Gram, while ultimately preceding the project’s discontinuation, was a significant turning point for institutional crypto adoption.It demonstrated the growing demand for secure and regulated custody solutions and paved the way for increased institutional participation in the market.The availability of Qualified Custodians like Anchorage helps to address the regulatory and security concerns that have previously deterred institutions from investing in crypto assets.By providing a trusted and secure way to hold digital assets, Qualified Custodians are enabling institutions to confidently enter the crypto space and contribute to its continued growth and maturity.Although Gram's journey concluded prematurely, the need for robust and compliant custody solutions remains a cornerstone of the digital asset ecosystem.The lessons learned and the infrastructure developed continue to shape the future of institutional crypto adoption.As the digital asset landscape evolves, the role of qualified custodians will continue to be crucial in facilitating safe and secure access for institutional investors.This ultimately fosters innovation and maturity within the digital assets space, showcasing the immense potential of crypto assets.